• One fifth of CalPERS portfolio is highly exposed to climate risk

    27 December 2019

    The largest public pension fund in the US has reported that a fifth of its portfolio is among those sectors most exposed to climate change risks.

  • BlackRock loses $90.4bn from failing to spot stranded asset risks, says IEEFA

    01 August 2019

    The world's largest asset manager, BlackRock, has seen $90.4 billion knocked off the value of its listed equities holdings over the last decade because it failed to address stranded asset risk in the fossil fuel industry, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).

  • Exxon and other laggards excluded from LGIM Future World Funds

    21 June 2019

    Legal & General Investment Management (LGIM) has excluded more climate change laggards from its Future World Funds range after they failed to respond to its engagement programme.

  • Investors name and shame 700 companies for poor environmental impact reporting

    17 June 2019

    Investors with almost $10 trillion in assets have begun pushing more than 700 companies, including ExxonMobil, Amazon and Volvo, to disclose better environmental impact information.

  • BNP Paribas Asset Management includes Asia in tightened climate voting guidelines

    22 May 2019

    BNP Paribas Asset Management (BNP Paribas AM) has strengthened its climate voting guidelines and will also begin to apply them to Asia-based companies from 2020.

  • Aegon supports Follow This climate resolutions

    13 May 2019

    Dutch insurer Aegon has announced its support for nine climate resolutions at four major oil firms' annual general meetings (AGMs).

  • Equinor bows to investor pressure of Climate Action 100+

    25 April 2019

    Equinor has become the latest oil and gas company to bow to investor pressure to strengthen its climate targets.

  • Exxon seeks to block shareholder proposal

    25 February 2019

    ExxonMobil is trying to block a shareholder proposal in which investors call on the oil giant to account for emission reduction targets.

  • Oil & gas companies 'jeopardise shareholder returns by rewarding executives for chasing growth'

    14 February 2019

    Shareholder returns are at risk from remuneration schemes that incentivise executives at oil and gas companies to chase volume growth, a report argues.

  • Investors with $1.9trn slap Exxon with new climate resolution

    17 December 2018

    Investors have issued a fresh set of demands on oil and gas giant ExxonMobil, this time calling on it to set targets to lower its emissions in line with Paris Climate Agreement.